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What are some of the common tax slips and forms for self-employed workers?

Some of the common self-employment tax forms include:

  • T1 General Income Tax and Benefit Return: Main form for reporting income, deductions, and credits.
  • Form T2125 (Statement of Business or Professional Activities): Reports self-employment income and expenses.
  • Form T4A: Reports certain types of self-employment income.
  • Form T2121: For commercial fishing income and expenses.
  • Form T2091: Designates home for business use.
  • GST/HST Returns: Reports sales and remits taxes.
  • Payroll Forms (if applicable): Reports employee income and deductions.

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